Primary Health Properties Plc (JSE:PHP)

Primary Health Properties Income Statement

Financials in millions GBP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	179.5	181.7	169.8	154.1	145.6	139
Total Revenue	179.5	181.7	169.8	154.1	145.6	139
Revenue Growth (YoY	0.96%	7.01%	10.19%	5.84%	4.75%	14.59%
Property Expenses	21.8	26	18.8	12.6	8.9	7.8
Selling, General & Administrative	13	13	12.3	9.6	10.5	13.2
Total Operating Expenses	35.6	39.9	32	22.2	19.4	21
Operating Income	143.9	141.8	137.8	131.9	126.2	118
Interest Expense	-51	-48.9	-47	-38.5	-38.4	-51.9
Interest & Investment Income	-	-	0.2	0.9	0.8	1.2
Other Non-Operating Income	-2.4	-2.4	-3	-0.1	0.7	-4
EBT Excluding Unusual Items	90.5	90.5	88	94.2	89.3	63.3
Merger & Restructuring Charges	-	-	-	-	-1.7	-
Gain (Loss) on Sale of Assets	-	-	-	2.9	0.3	0.1
Asset Writedown	21.4	-38.4	-53	-64.4	110.2	51.3
Other Unusual Items	-7.5	-5.1	-8.9	24.2	-56.5	-2.3
Pretax Income	104.4	47	26.1	56.9	141.6	112.4
Income Tax Expense	7.2	5.6	-1.2	0.6	1.5	0.4
Net Income	97.2	41.4	27.3	56.3	140.1	112
Net Income to Common	97.2	41.4	27.3	56.3	140.1	112
Net Income Growth	-	51.65%	-51.51%	-59.81%	25.09%	-
Basic Shares Outstanding	1,337	1,337	1,337	1,335	1,330	1,266
Diluted Shares Outstanding	1,516	1,456	1,450	1,444	1,436	1,368
Shares Change (YoY)	13.46%	0.38%	0.46%	0.55%	4.92%	25.31%
EPS (Basic)	0.07	0.03	0.02	0.04	0.11	0.09
EPS (Diluted)	0.07	0.03	0.02	0.02	0.10	0.09
EPS Growth	-	54.88%	-9.77%	-77.43%	13.31%	-
Dividend Per Share	0.070	0.069	0.067	0.065	0.062	0.059
Dividend Growth	2.94%	2.99%	3.08%	4.84%	5.08%	5.36%
Operating Margin	80.17%	78.04%	81.15%	85.59%	86.68%	84.89%
Profit Margin	54.15%	22.79%	16.08%	36.54%	96.22%	80.58%
EBITDA	144.7	142.7	138.7	-	-	-
EBITDA Margin	80.61%	78.54%	81.68%	-	-	-
D&A For Ebitda	0.8	0.9	0.9	-	-	-
EBIT	143.9	141.8	137.8	131.9	126.2	118
EBIT Margin	80.17%	78.04%	81.15%	85.59%	86.68%	84.89%
Effective Tax Rate	6.90%	11.92%	-	1.05%	1.06%	0.36%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.